Steppe Gold (TSE:STGO) Shares Down 8% – Time to Sell?

Shares of Steppe Gold Ltd. (TSE:STGOGet Free Report) traded down 8% on Friday . The stock traded as low as C$1.14 and last traded at C$1.15. 370,793 shares changed hands during mid-day trading, a decline of 33% from the average session volume of 552,573 shares. The stock had previously closed at C$1.25.

Steppe Gold Stock Performance

The company has a 50-day moving average price of C$1.33 and a two-hundred day moving average price of C$1.67. The company has a current ratio of 1.85, a quick ratio of 0.10 and a debt-to-equity ratio of 106.51. The stock has a market capitalization of C$290.75 million, a P/E ratio of 6.50 and a beta of 1.41.

Steppe Gold (TSE:STGOGet Free Report) last posted its quarterly earnings data on Wednesday, April 1st. The company reported C$0.05 earnings per share for the quarter. Steppe Gold had a return on equity of 32.00% and a net margin of 16.43%.The firm had revenue of C$217.79 million during the quarter. On average, equities analysts forecast that Steppe Gold Ltd. will post 0.2892308 earnings per share for the current year.

About Steppe Gold

(Get Free Report)

Steppe Gold Ltd is a precious metals exploration and development company focused on opportunities in Mongolia. The company’s projects include the Altan Tsagaan Ovoo Project (ATO Project) and Uudam Khundii property in Mongolia.

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